AI Insights

Top 50 Innovative Climate Tech Companies to Watch in 2024

February 23, 2023


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Here is a list of 50 innovative climate tech companies to watch in 2024 that are making a positive impact on society.

The Omdena “AI Adoption Leaders Series” comprises game-changing startups, stories, and thought-leadership pieces from leading impact ventures solving real-world problems using AI.

Introduction to climate tech startups

The world is facing a major climate crisis, and we must take action. Climate tech startups are playing a massive role in creating innovative solutions to help reduce the impact of global warming. 

From carbon capture and storage to renewable energy sources, these climate tech startups are leading the charge in the fight against climate change. In this blog post, we’ll look at the top climate tech startups you need to know about. These startups are transforming the future of our planet and inspiring others to follow their lead.

Why is climate technology important?

Climate technology refers to using scientific and technological advancements to mitigate and adapt to the impacts of climate change. Climate technology is crucial for several reasons:

  • Reducing greenhouse gas emissions: Climate technology is crucial in reducing greenhouse gas emissions that contribute to climate change. Examples of climate technologies include renewable energy technologies like solar, wind, and hydropower, carbon capture and storage technologies, and energy-efficient buildings and transportation.
  • Adapting to climate change: Climate technology can also help us adapt to the already underway climate change impacts. For instance, new technologies are being developed to protect cities from sea level rise, and drought-resistant crops are being developed to help farmers adapt to changing weather patterns.
  • Economic benefits: Climate technology can drive economic growth and create new jobs. For instance, investments in renewable energy can create new jobs in the clean energy sector and reduce our reliance on fossil fuels, which can be significant cost-savings for individuals and businesses in the long run.
  • International cooperation: Climate technology can promote international cooperation and collaboration to address the global challenge of climate change. Countries can share their experiences and best practices in developing and deploying climate technologies, which can accelerate progress toward a low-carbon future.

Overall, climate technology is critical for mitigating and adapting to the impacts of climate change and creating a sustainable, low-carbon future.

How is AI used in climate change?

Artificial Intelligence (AI) has the potential to play a significant role in addressing climate change in various ways. Here are some examples of how AI is being used to tackle climate change:

  • Climate modeling: AI is used in climate modeling to help us better understand how the climate is changing and predict future scenarios. AI can analyze large datasets to identify patterns and trends that human researchers may miss. This can help us better understand the impacts of climate change on the environment, people, and the economy.
  • Renewable energy optimization: AI is used to optimize renewable energy systems, such as wind and solar power, to increase their efficiency and reduce costs. AI algorithms can predict weather patterns and adjust energy output accordingly, reducing waste and increasing reliability.
  • Energy management: AI is used in energy management systems to optimize energy use and reduce waste. AI can analyze patterns in energy consumption and adjust usage accordingly, lowering costs and carbon emissions.
  • Carbon capture and storage: AI is being used to develop more efficient and cost-effective carbon capture and storage technologies. AI can help identify optimal locations for carbon capture and storage facilities and develop algorithms to optimize their performance.
  • Climate adaptation: AI is being used to develop tools to help communities adapt to the impacts of climate change, such as sea level rise and extreme weather events. AI can be used to analyze data from satellites and sensors to predict and track these events and provide early warning systems.

Explore more AI use cases applied for Climate Technology via https://www.omdena.com/ai-in-climate-change/

Renewable Energy

What are some impactful examples of Climate Tech?

Here are some examples of Climate Tech:

  • Renewable Energy Technologies: Renewable energy technologies such as solar, wind, and hydropower are increasingly being used to reduce greenhouse gas emissions and promote clean energy.
  • Energy Efficiency Technologies: Energy-efficient technologies such as smart thermostats, LED lighting, and efficient HVAC systems are being developed to reduce energy use and save money.
  • Energy Storage Technologies: Energy storage technologies such as batteries, pumped hydro, and thermal storage is being developed to store renewable energy and provide backup power.
  • Carbon Capture and Storage Technologies: Carbon capture and storage technologies are being developed to capture carbon dioxide emissions from power plants and industrial processes and store them underground.
  • Sustainable Agriculture Technologies: Sustainable agriculture technologies such as precision agriculture and vertical farming are being developed to improve crop yields and reduce the carbon footprint of agriculture.
  • Clean Transportation Technologies: Clean transportation technologies such as electric and hydrogen fuel cell vehicles are being developed to reduce emissions from the transportation sector.
  • Climate Data and Analytics Technologies: Climate data and analytics technologies such as remote sensing, satellite imaging, and machine learning are being developed to understand climate change better and develop effective mitigation and adaptation strategies.

These are just a few examples of Climate Tech. Many more innovative technologies are being developed to tackle climate change and build a more sustainable future.

Top 50 Climate Tech Startups and Companies Transforming the Future

The order does not follow a ranking.

1. Sylvera

Sylvera

Sylvera

Sylvera is a climate tech startup that uses satellite imagery and machine learning to measure and verify carbon emissions from forests. Sylvera’s platform uses machine learning algorithms to analyze satellite imagery and estimate the amount of carbon stored in forests. Companies and governments can use this data to measure their carbon footprint and track progress toward carbon reduction goals.

  • Founder(s): Allister Furey, Samuel Gill
  • Founding year: 2020
  • Headquarters: London, United Kingdom
  • Funding: Series A

2. Solar AI Technologies

Solar AI Technologies

Solar AI Technologies

Solar AI Technologies is focused on improving the efficiency and reliability of solar power plants by using machine learning algorithms to predict and optimize solar energy output. The company’s platform uses satellite imagery to gather data on weather patterns, cloud cover, and other factors that affect solar energy generation. Then it uses AI to predict and adjust energy output accordingly.

  • Founder(s): Bolong Chew
  • Founding year: 2020
  • Headquarters: Singapore, Central Region, Singapore
  • Funding: Pre-Seed

3. Reep Green Solutions

Reep Green Solutions

Reep Green Solutions

Reep Green Solutions is a non-profit organization providing education and sustainable living solutions. The company offers various services, including home energy assessments, rain barrel and compost bin sales, tree planting programs, and environmental education workshops. Reep Green Solutions aims to help individuals, organizations, and municipalities reduce their environmental impact and build more sustainable communities.

  • Founder(s): Mary Jane Patterson
  • Founding year: 1999
  • Headquarters: Kitchener, Ontario, Canada
  • Funding: Grant

4. Giki

Giki

Giki

Giki is a mobile app that helps consumers make more sustainable purchasing decisions by providing information on products’ environmental and social impact. The app uses a proprietary algorithm to rate products based on factors like carbon footprint, use of sustainable materials, and social responsibility. Users can scan the barcode of a product or search for it in the app to see its Giki rating and get more information on its environmental and social impact.

  • Founder(s): Jo Hand and James Hand
  • Founding year: 2017
  • Headquarters: London, United Kingdom
  • Funding: Seed

5. Watershed

Watershed

Watershed

Watershed is on a mission to bend the climate curve. They help companies like Stripe, Spotify, Klarna, and Airbnb measure, reduce, and report their carbon emissions with real-time, audit-grade emissions data to power business value creation, regulatory compliance, and global climate impact.

  • Founder(s): Avi Itskovich, Christian Anderson, Taylor Francis
  • Founding year: 2019
  • Headquarters: San Francisco, California, United States
  • Funding: Series B

6. Aclima, Inc.

Aclima, Inc.

Aclima, Inc.

Aclima is pioneering an entirely new way to diagnose the health of our air and track climate-changing pollution. Powered by their network of roving and stationary sensors, Aclima measures air pollution and greenhouse gases at unprecedented scales and block-by-block resolution. 

  • Founder(s): Davida Herzl
  • Founding year: 2010
  • Headquarters: San Francisco, California, United States
  • Funding: Series B

7. AmphibiousAI LLC

AmphibiousAI LLC

AmphibiousAI LLC

The vision of AmphibiousAI is to manufacture green and sustainable amphibious autonomous cars which can be used for both land and underwater travel and tourism purposes, with no disturbance to aquatic life.

  • Founder(s): GURPREET SINGH
  • Founding year: 2021
  • Headquarters: Chicago, Illinois
  • Funding: Undisclosed.

8. Scopito

Scopito

Scopito

Scopito is a software company that offers a cloud-based platform for managing and analyzing data from visual inspections, including drones, cameras, and other sources.

  • Founder(s): Kenneth Falkenberg and Thomas Lund
  • Founding year: 2014.
  • Headquarters: Aarhus, Denmark.
  • Funding: Seed

9. CLIMATIK

CLIMATIK

CLIMATIK

Climatik is a leading Company in Mexico in providing services and advice in the field of wind resource assessment and meteorological measurement, founded in Mexico City in 2008 and now with branches in the area with major wind resources in Latin America, the Isthmus of Tehuantepec in Oaxaca and our new office in Panamá City.

  • Founder(s): Unknown
  • Founding year: 2005
  • Headquarters: Mexico City, Mexico
  • Funding: Undisclosed

10. Shayp

Shayp

Shayp

Shayp brings real-time water flow analytics and non-invasive technology that helps reduce and prevent customer-side leakages. Using AI, they help people leverage water meter data to reveal water usage inefficiencies and leakages in all types of buildings.

  • Founder(s): Alexandre McCormack, Grégoire de Hemptinne, Zineddine Wakrim
  • Founding year: 2017
  • Headquarters: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
  • Funding: Seed

11. Tallarna

Tallarna

Tallarna

Tallarna is an award-winning climate tech company for the built environment. By combining data analytics, performance guarantees, and efficient funding, the company makes decarbonization projects executable at speed and scale.

  • Founder(s): Tim Meanock, Will Gayton
  • Founding year: 2017
  • Headquarters: London, England, United Kingdom
  • Funding: Venture – Series Unknown 

12. Topolytics

Topolytics

Topolytics

Topolytics is a data aggregation and analytics business that makes the world’s waste visible, verifiable, and valuable. Topolytics’ WasteMap® – a data analytics platform – ingests, processes, and normalizes data on waste movements, sites, and companies and generates insights for waste producers, recyclers, investors, and governments.

  • Founder(s): Gordon Cowtan, Michael Groves
  • Founding year: 2013
  • Headquarters: Edinburgh, United Kingdom
  • Funding: Non-equity Assistance

How do you measure impact?

Topolytics fundamentally measures its impact against its mission to make the world’s waste visible, verifiable, and valuable. In practice, our platform WasteMap, when deployed by our customers, is helping them to gain more control over their multi-site and multi-territory waste supply chain data. This supports cost and resource efficiency, improves environmental and carbon measurement, and supports more efficient and higher-quality ESG reporting. Our ability to standardize waste supply chain and infrastructure data across multiple companies, sectors, and territories enables our customers, governments, and regulators to build smarter policies and KPIs that can enable resource recovery and closed loops for materials. As a data-driven insights business, we are consistently qualifying and measuring the quality of data, the quality of metrics, and the associated impact of actionable insights.

13. Pledge

Pledge

Pledge

Pledge makes it simple for businesses of every size to understand and manage the climate impact of their products. By providing tools and infrastructure, they automate the delivery of climate solutions – such as footprint measurement, reduction, and offsetting – into customer journeys. 

  • Founder(s): Andre Mohamed, David de Picciotto, Thomas Lucas
  • Founding year: 2021
  • Headquarters: London, England, United Kingdom
  • Funding: Seed

How do you measure impact?

With more than two-thirds of companies failing to report or measure their scope 3 emissions, despite often representing 70% of a business’s total emissions, it’s clear companies need support to take control of the environmental impact of their supply chains. Pledge is a climate software product that helps businesses on their journey to Net Zero, providing the essential tools for companies to measure, manage and reduce the impact of their logistics supply chains.

To measure impact at Pledge we closely follow a business’ Net Zero journey, tracking three key metrics:

  • Measure: Tonnes of emissions measured via our product, commonly known at Pledge as “Carbon Under Management”
  • Reduce: Insights provided to customers, such as identifying emissions “hotspots”, to help reduce emissions. This can be driven by various factors such as “modal shifts”, where customers switch from highly polluting transport modes (e.g., Air) to more efficient ones (e.g., Rail)
  • Remove: Tonnes of carbon removed from the atmosphere, driven by the purchase of carbon dioxide removal (CDR) offsets on our marketplace.

14. Flowcarbon

Flowcarbon

Flowcarbon

Flow Carbon uses blockchain technology to put carbon offset credits on chain, accelerating the creativity and scalability of climate change solutions. Flow Carbon is headquartered in New York, United States, and was founded in 2021.

  • Founder(s): Adam Neumann, Caroline Klatt, Dana Stern Gibber, Phil Fogel, Rebekah Neumann
  • Founding year: 2021
  • Headquarters: New York, United States
  • Funding: Venture – Series Unknown

 15. Solavio Labs

Solavio Labs

Solavio Labs

Solavio Labs was started by engineers who wanted to develop innovative technologies and engineering solutions for improving the performance of solar power plants. All their decisions are based on what is best for customers and help increase the global solar footprint.

  • Founder(s): Suraj Mohan
  • Founding year: 2016
  • Headquarters: Coimbatore, Tamil Nadu
  • Funding: Venture – Series Unknown

16. Gilytics AG

Gilytics AG

Gilytics AG

Gilytics help energy and engineering companies find the best route for powerlines and other linear infrastructure in seconds instead of months, saving time and money with better data, visuals, and communication. Their vision is to become the worldwide standard for planning linear infrastructure expansion to asset management. 

  • Founder(s): Heather Pace Clark, Philippe Bieri, Stefano Grassi
  • Founding year: 2017
  • Headquarters: Zürich, Zurich, Switzerland
  • Funding: Seed

17. Regen Network Development PBC

Regen Network Development PBC

Regen Network Development PBC

Regen Network Development PBC (Public Benefit Corp) is the blockchain software development company powering the Regen Network blockchain protocol. RND is the core software developer of Regen Ledger, the blockchain software and core carbon accounting modules of the Regen Network blockchain protocol. RND’s engineering team has been a lead contributor to the ecosystem as the lead maintainer of the Cosmos SDK since 2019.

  • Founder(s): Gregory Landua
  • Founding year: 2017
  • Headquarters: Wilmington, Delaware
  • Funding: Initial Coin Offering

18. Absolar

Absolar

Absolar

CleanTech, GreenTech, and Carbon Reduction are terms that refer to the use of innovative data analysis and emerging technologies to create a more sustainable built environment. These technologies allow for intelligent decision-making that can reduce the carbon footprint of buildings and other structures, while also improving energy efficiency and reducing waste. 

  • Founder(s): Nic Cory, Phil Wu
  • Founding year: 2019
  • Headquarters: Southampton, United Kingdom
  • Funding: Grant

19. Toucan Protocol

Toucan

Toucan

Toucan is a company that is working to make DeFi (Decentralized Finance) accessible to everyone in a way that is beneficial to the planet. They are striving to create a system of finance that is open, transparent, and secure, while also being sustainable and environmentally friendly.

  • Founder(s): Robert Schmitt, Raphaël Haupt, James Farrell, Julian Sommer, Adam Spiers, John Hoopes
  • Founding year: 2020
  • Headquarters: Zug, Zug, Switzerland
  • Funding: Seed

How do you measure impact?

We define “impact” as all initiatives that unlock or help scale climate action. This can be on a macro-level, by building infrastructure that powers more efficient carbon markets (which is what we at Toucan are doing). But the impact can also happen on a micro-level, for example by improving the lives of the members of small and rural communities.

The impact is generally hard to measure as it comes in so many different shapes and formats. On the topic of carbon credits, metrics to look at are trading volume, the percentage of nature-based credits that are being issued, and the number of carbon credit retirements. The key thing here: To measure impact, we need a transparent carbon market where trading history, retirement data, and credit details can be accessed and verified by anyone. This is possible – we’re using blockchain technology as a highly effective tool to improve transparency and accessibility, and to support the shift to a more open carbon market.

20. Instyle Solar

Instyle Solar is an award-winning solar company that provides personalized in-home consultations to customers in Brisbane, Sydney, Melbourne, Adelaide, and Perth. Instyle Solar has been recognized for theiritsitment to providing quality products and services. They are dedicated to helping their customers reduce their energy costs and improve their environmental impact. 

  • Founder(s): Jonah Hicks, Tehbyn Nova
  • Founding year: 2015
  • Headquarters: Brisbane, Queensland, Australia
  • Funding: Venture: Series Unknown

21. Ivy Protocol

Ivy Protocol

Ivy Protocol

Ivy is on a mission to develop the tech stack for a united environmental market, aiming to permanently embed natural capital (e.g, ecosystem functions and CO2 reduction) into economic growth — combating climate change at a large scale.

  • Founder(s): Gilad Bechor, Liam Hänel, Niklas Terrahe
  • Founding year: 2022
  • Headquarters: Berlin, Berlin, Germany
  • Funding: Pre-Seed

How do you measure impact?

At Ivy, we measure our impact by the quality/quantity of the environmental projects and the satisfaction of the stakeholders involved in the financing process. This is the only impact metric that allows us to attract more talent to start projects, investors to invest, and ultimately scale this industry.

22. AnythingWeather Communications, Inc.

AnythingWeather Communications, Inc.

AnythingWeather Communications, Inc.

AnythingWeather Communications, Inc. has been helping companies use weather data to improve the bottom line since 1995.  They build custom weather services and applications utilizing weather data collected from over 20,000 sources to deliver unique and targeted services to your business with a highly personal touch. 

  • Founder(s): Gregg Potter
  • Founding year: 1995
  • Headquarters: Palm Desert, California, United States
  • Funding: Undisclosed

23. Klima

Klima

Klima

Klima is a personal climate action app. With Klima, everyone can calculate their personal carbon footprint and understand the climate impact of their own lifestyle. Users can offset their emissions by supporting science-backed projects that remove or prevent the same emissions elsewhere. Next, the app helps to shrink one’s personal footprint through climate education, customized tips, and achievements.

  • Founder(s): Andreas Pursian, Jonas Brandau, Markus Gilles
  • Founding year: 2019
  • Headquarters: Berlin, Berlin, Germany
  • Funding: Series A

24. AirEx Technologies

AirEx Technologies

AirEx Technologies

AirEx is a patented smart ventilation control. AirEx has developed a retrofit smart ventilation control system that regulates airflow via air bricks. Occupants benefit from significantly reduced energy bills and improved thermal comfort without compromising on air quality.

  • Founder(s): Agnes Czako, James Wright
  • Founding year: 2016
  • Headquarters: London, England, United Kingdom
  • Funding: Series A

25. Zeigo

Zeigo

Zeigo

Zeigo accelerates decarbonization for companies of all sizes. Created by industry experts, our suite of intuitive, impactful digital solutions lights the path toward a carbon-free future.

  • Founder(s): Juan Pablo Cerda
  • Founding year: 2018
  • Headquarters: London, England, United Kingdom
  • Funding: Seed

26. Veritree

veritree

veritree

Veritree empowers businesses to integrate verified restorative actions into their business model. Their technology provides transparency throughout the lifecycle of restorative projects, matches these projects with mission-aligned corporate partners, and ensures the projects’ ongoing impacts are authentic and reported.

  • Founder(s): David Luba, Derrick Emsley, Stephen Emsley
  • Founding year: 2019
  • Headquarters: Vancouver, BC
  • Funding: Series Unknown

27. Arbonaut

Arbonaut

Arbonaut

Arbonaut is a company that specializes in developing information gathering and Geographic Information System (GIS) solutions for forest inventory and natural resource management. Their solutions are designed to provide accurate and comprehensive data to organizations that need to manage and monitor their natural resources. 

  • Founder(s): Edward Chiang
  • Founding year: 1994
  • Headquarters: Joensuu, Eastern Finland, Finland
  • Funding: Series Unknown

28. Sheru

Sheru

Sheru

Sheru is a software platform revolutionizing how energy networks are built. It is creating a new backend system that will allow for more efficient energy networks while also giving users more control over their energy usage. With its innovative technology, Sheru is helping to create a more sustainable energy future.

  • Founder(s): Ankit Mittal, Nakul Mehan, Shikhar Sharma
  • Founding year: 2019
  • Headquarters: Delhi, Delhi, India
  • Funding: Seed

How do you measure impact?

At Sheru, we are building the digital Infrastructure for electrification

The electrification of power and transport can solve 70% of emissions globally. This is the major impact that we’re looking to create. It’s also 30% cheaper to operate over coal and oil, and can be localized as well.

Sheru is an asset lite B2B software platform solving for needs of energy and E-mobility businesses globally. Sheru’s SaaS ‘Eco’ enables discoms to source energy storage space for intraday load leveling and energy management. Sheru’s network of EVs and standalone batteries monetize idle time by lending space in batteries to discoms via Eco.

Sheru’ mobile app ‘Tezz Dukaan’ enables small retail stores service battery swapping and charging to electric 2 and 3-wheeler drivers for 60% incremental revenue per month. Our mobile app removes the need for battery and charging expertise in operations.

Sheru’s SaaS ‘ScateBat’ enables battery manufacturers and lessors to manage post-sales and asset returns respectively. Intelligent management reduces the return rate for battery manufacturers and improves IRR for lessors.

29. Raptor Maps — Solar Software

Raptor Maps — Solar Software

Raptor Maps — Solar Software

Raptor Maps offers advanced analytics, insights, and productivity software for the entire solar lifecycle.  They provide asset owners, managers, O&M, EPCs, and financiers with services that include: a digital twin of solar sites, aerial thermal inspections, data normalization, serial number scanning and mapping, warranty claim features, equipment records, and mobile tools.  

  • Founder(s): Eddie Obropta, Forrest Meyen, Nikhil Vadhavkar
  • Founding year: 2015
  • Headquarters: Somerville, Massachusetts
  • Funding: Series B

30. Route Konnect

Route Konnect

Route Konnect

Route Konnect sensors and analytics tools offer intelligent, real-time insights into city movement – saving time, resources, and our planet. Most of today’s reactive traffic and transport systems are inefficient and, as a result, are often wasteful, overwhelming, and unreliable. Route Konnect will deliver the promise of smart cities.

  • Founder(s): Matteo De Rosa, Mohamed Binesmael
  • Founding year: 2018
  • Headquarters: Cardiff, Cardiff, United Kingdom
  • Funding: Pre-Seed

31. HelioRec

HelioRec

HelioRec

HelioRec is on a mission to bring clean, renewable energy to near-shore locations around the world. With over half of the global population living in these areas, it is essential that renewable energy sources are implemented. To do this, HelioRec is developing floating solar power plants that can be installed in near-shore locations. 

  • Founder(s): Polina Vasilenko
  • Founding year: 2019
  • Headquarters: Nantes, Pays de la Loire, France
  • Funding: Seed-Stage

32. Fulcrum3D

Fulcrum3D | Wind Solar Futures

Fulcrum3D | Wind Solar Futures

Fulcrum3D provides world-class technology solutions for accurate and robust resource monitoring in the wind and solar energy industries. They deliver precise measurements and reliable data for developing and operating renewable energy projects.

  • Founder(s): Andrew Durran, Colin Bonner, Martin Poole
  • Founding year: 2011
  • Headquarters: Sydney, New South Wales, Australia
  • Funding: Venture- Series Unknown

33. Pachama

Pachama

Pachama

Pachama’s mission is to restore nature to solve climate change. They use AI and satellite data to originate, verify and monitor nature-based carbon sequestration projects around the world.

  • Founder(s): Diego Saez-Gil, Tomás Aftalion
  • Founding year: 2018
  • Headquarters: San Francisco, California, United States
  • Funding: Series B

34. Climatiq

Climatiq

Climatiq

Climatiq develops an open dataset of global emission data and the technical infrastructure you need to realize meaningful reductions to your climate footprint. They collect and maintain open climate impact datasets that are constantly expanding and improving in collaboration with the science, technology, and sustainability communities, making the insight needed for accurate calculations and decision-making readily available.

  • Founder(s): Hessam Lavi, Philipp Von Bieberstein
  • Founding year: 2021
  • Headquarters: Berlin, Berlin, Germany
  • Funding: Seed

35. Glint Solar

Glint Solar

Glint Solar

Glint makes solar analysis simple by providing fast, valuable insights to solar development companies. They recognize that developers need reliable data to determine the most optimal floating solar solution based on the conditions of specific bodies of water. 

  • Founder(s): Even Kvelland, Harald Olderheim, John Modin
  • Founding year: 2020
  • Headquarters: Oslo, Oslo, Norway
  • Funding: Seed

36. Nori

Nori

Nori

Nori is a carbon dioxide removal marketplace. It is building a transparent and secure platform that will allow anyone in the world to pay to remove excess carbon dioxide from the atmosphere. Their voluntary marketplace will enable carbon removal suppliers to connect directly with buyers, improving efficiency, and reducing costs.

  • Founder(s): Paul Gambill, Alexsandra Guerra, Ross Kenyon
  • Founding year: 2017
  • Headquarters: Seattle, Washington, United States
  • Funding: Series A

37. Earthbanc

Earthbanc is a carbon and finance platform that combines AI-powered audits to report on tree planting and carbon credit projects. It uses machine learning and satellite remote sensing to audit and rate landscape carbon, carbon offsets, and green finance products that support carbon removal continuously.

  • Founder(s): Rishabh Khanna, Tom Duncan
  • Founding year: 2019
  • Headquarters: Stockholm, London
  • Funding: Seed

How do you measure impact? 

Earthbanc defines climate impact in our farmer-led nature-based solutions carbon removal credits – by the three key principles of carbon additionality, permanence, and leakage. We measure and report these metrics for our clients with annual audits that leverage satellite remote sensing, AI, and digital monitoring, reporting, and verification (MRV).

We also define socio-economic, biodiversity, and ecological co-benefit impacts using accepted measurement methodologies combined with the Earthbanc MRV App that measures farmers’ reforestation and agroforestry projects that we finance and sell to our clients as carbon forward contracts.

Earthbanc has developed a sophisticated machine learning and digital MRV tech stack that automates carbon project development and finance – enabling carbon buyers to make their purchases on the Earthbanc platform with confidence and better data quality.

38. Trilateral Research

Trilateral Research

Trilateral Research

Trilateral Research is a UK and IE-based enterprise founded in 2004. Their rigorous research is at the foundation of their work. They provide regulatory and policy advice, develop new data-driven technologies, and contribute to the latest standards in safeguarding privacy, ethics, and human rights within the public and private sectors.

  • Founder(s): Kush Wadhwa, David Wright 
  • Founding year: 2004
  • Headquarters: London, England, United Kingdom
  • Funding: Grant

39. SmartICE

SmartICE

SmartICE

SmartICE is an award-winning technological innovation for the North. They are the world’s first climate change adaptation tool to integrate traditional knowledge of sea ice with advanced data acquisition and remote monitoring technology.

  • Founder(s): Trevor Bell
  • Founding year: 2017
  • Headquarters: St John’s, Newfoundland and Labrador
  • Funding: Venture-Series Unknown

40. Pani Energy

Pani

Pani

Pani helps optimize water treatment plants, accelerating the water sector toward net zero. Current product: a cloud-based machine learning software platform that can elevate the efficiency of industrial and city-scale desalination and wastewater treatment plants without any retrofits or disruption to operations. 

  • Founder(s): Devesh Bharadwaj
  • Founding year: 2017
  • Headquarters: Victoria, British Columbia, Canada
  • Funding: Seed

41. Recycleye

Recycleye

Recycleye

Recycleye is a ground-breaking technology company bringing advanced machine learning, computer vision, and robotics to the global waste management industry. Their proven Recycleye Vision and Robotics solutions increase plant performance, enabling data-driven strategic decision-making and delivering transparency, traceability, and efficiency.

  • Founder(s): Peter Hedley, Victor Dewulf
  • Founding year: 2019
  • Headquarters: London, England, United Kingdom
  • Funding: Series A

42. SINAI Technologies

SINAI Technologies

SINAI Technologies

SINAI Technologies Inc. is mitigating climate change by enabling more intelligent emission measurement, scenario analysis, and decarbonization strategy tools for organizations. They are one of the world’s leading Decarbonization-as-a-Service platforms to measure, analyze, reduce, and price emissions using science-based methodologies.

  • Founder(s): Alain Rodriguez, Maria Fujihara
  • Founding year: 2019
  • Headquarters: San Francisco, California, United States
  • Funding: Series A

43. Solenica

Solenica

Solenica

Solenica is a revolutionary organization with a singular goal: bring sunshine to indoor spaces everywhere. They believe that spending more time in the sunlight is a critical component to our health, happiness, and productivity. 

  • Founder(s): Alessio Paoletti, Amir Amel-Zadeh, Diva Tommei, Mattia Di Stasi, Sean Cheng, Tommaso Renzoni, Yu-Foong Chong
  • Founding year: 2014
  • Headquarters: Rome, Lazio, Italy
  • Funding: Non-equity Assistance

44. Coral Vita

Coral Vita

Coral Vita

Coral Vita grows resilient corals to restore our world’s dying reefs. Coral reefs support up to 1 billion people, sustain 25% of marine life, and generate $30 billion annually through tourism, fisheries, and coastal protection, but they are dying rapidly.

  • Founder(s): Gator Halpern, Samuel Teicher
  • Founding year: 2017
  • Headquarters: San Diego, California, United States
  • Funding: Seed

45. Invenia Labs

Invenia Labs

Invenia Labs

Invenia Labs uses machine learning to optimize the electricity grid, and ensure demands are met at the least-possible prices and minimum pollution. Their work helps reduce emissions and pollution, improve the grid’s reliability, and increase economic efficiency.

  • Founder(s): Matthew Hudson
  • Founding year: 2006
  • Headquarters: Cambridge, Cambridgeshire
  • Funding: Series Unknown

46. Suncast

Suncast

Suncast

Suncast is an online forecasting system for solar generation. It provides accurate predictions of electric power generation by crossing the historical information from the solar plants with real-time monitoring of its weather conditions through hi-res satellite imagery.

  • Founder(s): Constanza Levicán
  • Founding year: 2018
  • Headquarters: Macul, Region Metropolitana, Chile
  • Funding: Series Unknown

How do you measure impact?

Suncast applies Artificial Intelligence to variable renewable energy resources, predicting the performance of photovoltaic and wind parks against various scenarios. For this purpose, through Machine Learning techniques, weather forecasting and actual historical generation data from each power plant are combined, which leads to the retraining of models to obtain more precise results.

Suncast’s services allow our clients to comply with the country’s required regulations, receive weekly reports through our online platform, maximize the profitability of power plants and optimize the cleaning process of solar panels. This leads to a considerable forecasting error reduction with the Energy Forecasting Service and the reduction of yearly photovoltaic park cleanings attributed to the Soiling Forecasting Service.

47. WePower

WePower

WePower

WePower is an independent technology company with a team of experienced engineers, architects, technical specialists, and industry professionals working to reduce complexity for clients moving towards a net-zero emission world.

  • Founder(s): Artūras Asakavičius, Kaspar Kaarlep, Nikolaj Martyniuk
  • Founding year: 2016
  • Headquarters: Vilnius, Vilniaus Apskritis, Lithuania
  • Funding: Initial Coin Offering

48. Patch

Patch

Patch

Patch focuses on building infrastructure for a climate-positive economy, starting with an API for carbon removal. The company makes carbon removal as simple as writing a few lines of code. Build sustainable products with ease and put your climate goals on autopilot. It was founded in 2020 and is headquartered in San Francisco, California.

  • Founder(s): Aaron Grunfeld, Brennan Spellacy
  • Founding year: 2020
  • Headquarters: San Francisco, California, United States
  • Funding: Series B

49. THE CLIMATE CHOICE

THE CLIMATE CHOICE

THE CLIMATE CHOICE

The software platform for decarbonizing companies and their supply chains is an innovative tool that helps organizations reduce their carbon footprint. It provides a comprehensive set of features that enable companies to track, measure, and analyze their emissions and the emissions of their suppliers. 

  • Founder(s): Dr. Reyhood Farhan, Lara Obst, Yasha Tarani
  • Founding year: 2020
  • Headquarters: Berlin, Berlin, Germany
  • Funding: Pre-Seed

50. Wondrwall Group

Wondrwall Group

Wondrwall Group

Wondrwall is a technology company dedicated to changing how we live and use energy. Wondrwall Group is made up of Wondrwall Ltd, Wondrwall Energy Solutions, Wondrwall Analytics Ltd, Wondrwall Assisted Living Ltd, and Wondrwall MGA Ltd.

  • Founder(s): Daniel Burton and Peter Thum-Bonanno
  • Founding year: 2013
  • Headquarters: Manchester, England
  • Funding: Seed

Want to work with us?

If you want to discuss a project or workshop, schedule a demo call with us by visiting: https://form.jotform.com/230053261341340

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